Kimelman & Baird LLC Makes New Investment in iShares Russell 1000 Growth ETF (NYSEARCA:IWF)

Kimelman & Baird LLC bought a new stake in shares of iShares Russell 1000 Growth ETF (NYSEARCA:IWF) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 130 shares of the exchange traded fund’s stock, valued at approximately $47,000.

Other hedge funds have also recently modified their holdings of the company. American Century Companies Inc. grew its holdings in shares of iShares Russell 1000 Growth ETF by 3,987.1% in the second quarter. American Century Companies Inc. now owns 1,530,909 shares of the exchange traded fund’s stock worth $558,032,000 after purchasing an additional 1,493,452 shares during the last quarter. GLOBALT Investments LLC GA bought a new position in iShares Russell 1000 Growth ETF in the 4th quarter worth about $350,964,000. Cetera Investment Advisers increased its position in shares of iShares Russell 1000 Growth ETF by 409.6% during the first quarter. Cetera Investment Advisers now owns 1,312,397 shares of the exchange traded fund’s stock worth $442,343,000 after acquiring an additional 1,054,881 shares during the period. Strategic Financial Concepts LLC raised its stake in shares of iShares Russell 1000 Growth ETF by 28,897.3% during the second quarter. Strategic Financial Concepts LLC now owns 457,288 shares of the exchange traded fund’s stock valued at $1,667,000 after acquiring an additional 455,711 shares in the last quarter. Finally, Envestnet Asset Management Inc. increased its holdings in iShares Russell 1000 Growth ETF by 6.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 5,413,232 shares of the exchange traded fund’s stock worth $1,641,130,000 after purchasing an additional 341,407 shares during the period.

iShares Russell 1000 Growth ETF Price Performance

IWF stock opened at $375.38 on Tuesday. iShares Russell 1000 Growth ETF has a 1-year low of $256.01 and a 1-year high of $382.82. The business has a 50-day moving average price of $359.55 and a 200 day moving average price of $351.27. The company has a market capitalization of $99.31 billion, a P/E ratio of 35.64 and a beta of 1.20.

About iShares Russell 1000 Growth ETF

iShares Russell 1000 Growth ETF (the Fund), formerly iShares Russell 1000 Growth Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment returns that correspond generally to the price and yield performance of the Russell 1000 Growth Index (the Index). The Index measures the performance of equity securities of Russell 1000 index issuers with relatively higher price-to-book ratios and higher forecasted growth.